Senior Product Manager, Clair
Lending
$175-185k
+ Equity
More information about location
3+ days a week in office
Wage advance service
Be an early applicant
Wage advance service
21-100 employees
Be an early applicant
$175-185k
+ Equity
More information about location
3+ days a week in office
21-100 employees
Company mission
To create financial freedom for America’s workforce.
Role
Who you are
- 4+ years of product management experience, with a focus on fintech or lending products
- Strong understanding of lending systems, underwriting models, and risk management frameworks is highly preferred
- Experience working with compliance, finance, and legal teams in highly regulated environments
- Proficiency in data-driven decision-making and analytics, as well as experience working with data teams
- Excellent communication and stakeholder management skills - you’ve likely built and iterated on project management processes
- A strong sense of accountability, with the ability to take initiative and drive meaningful impact
- Ability to execute and iterate quickly in a fast-paced startup environment, including a demonstrated ability to do initiative viability analysis quickly
What the job involves
- We are seeking a Senior Product Manager to develop and iterate on our lending infrastructure and products. This role is pivotal in building scalable, secure, and compliant lending systems that align with our focus on earned wage access and making America's workforce financially free.
- They will oversee the work of a sizable development team while constantly collaborating with design, finance, regulatory, and sales functions. The ideal candidate will bring a strong technical understanding of lending products, deep fintech experience, and the ability to work cross-functionally to drive impactful product development.
- We are looking for someone who is comfortable working against long-term goals as well as constantly searching for new areas to launch products. The right candidate will strive for elegant and beautiful solutions within a regulated and ever-changing fintech startup landscape
- Define and execute the product roadmap for lending infrastructure, ensuring alignment with business goals
- Think deeply about our user feedback and user behavior, as well as pushing for new data collection means when necessary
- Work closely with engineering, compliance, and risk teams to develop secure and compliant lending solutions
- Drive continuous improvements by iterating on lending models, underwriting processes, and risk frameworks
- Take full ownership of challenges and opportunities within lending infrastructure, ensuring high-impact results
- Collaborate with stakeholders to enhance operational efficiency and customer experience in lending products
- Analyze data and market trends to inform decision-making and identify opportunities for innovation
- Ensure regulatory compliance in lending products by working closely with legal and compliance teams
- Operate with a startup mindset, embracing uncertainty and finding creative yet practical solutions to complex problems
Our take
Clair is a social impact fintech startup offering instant no-fee pay access, so that gig companies and HR tech can offer hourly workers cash advances on their earnings. It aims to both mitigate the risks taken on by workers in the growing gig economy, and help gig companies recruit and retain their workforce in a market characterized by fluctuating demand.
Clair secured a high level of funding from Thrive Capital, a big win given their reputation for funding and building game-changing fintech. This is a game that certainly looks set to change - with 80 million hourly workers and 60 million gig workers, this precariously positioned segment of the US workforce is both large and growing.
Mastercard, MetaBank, and Galileo have all thrown their weight behind Clair to provide the financial infrastructure that makes their payment model possible. Following the recent surge in the gig economy, Clair offers both an attractive and necessary tool to sustain the livelihoods of the people working in this sector.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Jul 2023
$25m
EARLY VC
Jun 2021
$15m
SERIES A
Total funding: $45.1m
Company benefits
- 100% Medical, Dental, & Vision Coverage, with option to extend to your family
- Fully-paid parental leave
- Company-sponsored 401k, HSA, and FSA
- Unlimited vacation
- Work from home setup allowance
- Access to your earnings every day on Clair
- Company-sponsored short-term and long-term disability insurance
Company HQ
Flatiron District, New York, NY
Leadership
Alex Kostecki
(Co-Founder, President & COO)Alex worked at Deloitte for 6 years, spending time in strategy and operations consulting before co-founding Clair.
Nico Simko
(Co-Founder & CEO)Nico worked in Fintech M&A at J.P. Morgan and is part of the Finance Council for Forbes.
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